Love Box Co. v. Commissioner

LOVE BOX COMPANY, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Love Box Co. v. Commissioner

Docket No. 3641-82.

United States Tax Court

T.C. Memo 1985-13; 1985 Tax Ct. Memo LEXIS 618; 49 T.C.M. (CCH) 479; T.C.M. (RIA) 85013;

January 9, 1985.

Marvin J. Martin and David E. Hill, for the petitioner.

David G. Hendricks, for the respondent.

COHEN

MEMORANDUM FINDINGS OF FACT AND OPINION

COHEN, Judge: Respondent determined deficiencies in petitioner's Federal income taxes as follows:

Year

Deficiency

1976

$21,947

1978

14,099

1979

6,208

The issue to be determined is whether petitioner's expenditures…